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Big Sky Industrial Targets 2027 Commercial Operations for Phase 1 Project

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CAT
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Big Sky Industrial Inc. Common Stock (BSIN) reported its second-quarter earnings alongside updates on construction of its Phase 1 industrial gas and carbon management project in Montana. Commercial operations remain targeted for March 2027, with President and Chief Executive Officer Ryan Smith stating that the rebranding from U.S. Energy Corp. to Big Sky Industrial did not alter the company's structure or strategy.

The project involves a processing facility designed to support more than 14 million cubic feet of contained helium and approximately 125,000 metric tons of captured carbon dioxide annually. Phase 1 construction is underway, with long-lead equipment moving through fabrication. Smith identified power generators, compression equipment, and membranes as key early execution considerations.

The company has acquired its Caterpillar 2-megawatt natural-gas generators, which Smith characterized as the largest long-lead equipment concern. Facility commissioning is planned for later in 2026, followed by first gas and commercial operations in March 2027.

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